RBI to issue new ₹ 50 & ₹ 20 notes; old notes will remain valid The Reserve Bank of India will shortly issue ₹ 50 denomination banknotes without inset letter in both the number panels.The Reserve Bank of India has announced that it will issue new sets of Rs 50 and Rs 20 notes that would carry the year of printing, 2016, on the reverse side of the currency. All old Rs 50 and Rs 20 notes will continue
to be legal tender. The Rs 20 banknote will have the inset letter 'L' in both number panels.
The new notes would have numerals to be in ascending size in number panels, and without intaglio printing.
The security features of both banknotes will continue to be similar to the currency in circulation at present.
The apex bank will also issue new ₹ 20 denomination banknotes with inset letter ‘L’ in both the number panels.
The design and security features of these banknotes will be similar to the banknotes of ₹ 20 and ₹ 50 denomination with the ascending font of numerals in both the number panels.
Though all the old banknotes in the denomination of ₹ 20 and ₹ 50 issued by the Bank in the past will continue to be legal tender.
No comments:
Post a Comment